Core Processing
and Enterprise Systems for Today’s
Credit Unions
The Complete Banking
Solution: DNA
Freedom of Choice
Implementation Options: In-House
or Outsourced
To meet the needs of individual financial institutions,
we offer both an in-house solution and an outsourced servicing
option. Our in-house structure allows you to specify and maintain
your hardware configuration and operating system preferences.
Outsourcing The Complete Banking Solution: DNA provides you with access
to the same system, hosted and maintained at one of
our state-of-the-art data centers. Because of the flexibility
of TCBS: DNA, you can change
from outsourced to in-house processing or vice versa without
changing systems. Whichever option you choose, our core platform
will help you streamline your business and maximize the return
on your technology investment.
Operating Systems
Open Solutions’ clients
also have their choice of operating environments. Whether it’s
Windows, Unix or Linux operating environments, our advanced
enterprise technology can use any database server to share
data with networks of desktop workstations or Citrix/Thin Client
terminals. The open system architecture in Open Solutions’ core
technology lets you choose the brand of hardware and operating
system software you prefer. Regardless of your preference,
the choice is yours when selecting Open Solutions as your core
application system provider.
Transactional Posting
Modes The
Complete Banking Solution: DNA operates in your choice of
modes: online/real-time, memo post plus, or a combination
of both (hybrid). Our enterprise applications can post and
display transactions online, in real-time, across all your
delivery channels – Internet, ATM, interactive voice
response and call center, as well as teller and platform
applications. Your employees and customers see the same true
balance and updated transactions, however they choose to
access your institution. Memo-Post-Plus is Open Solutions’ processing
alternative for commercially-oriented financial institutions that want to
defer reconciliation and float management of deposited items
to a Proof-of-Deposit (POD) system. Memo-Post-Plus is a combination
of real-time and memo post. Memo post processing has traditionally
offered faster service at the teller line – especially
with deposits that include a large number of items. It also allows for transactions
to stay intact through POD balancing, image capture and reporting, which
creates a strong audit trail of activity. Memo-Post-Plus
includes those same benefits, while creating an even stronger
audit trail from the teller through posting of the sorter
file.
The American Bankers Association, through its subsidiary the Corporation for American Banking, endorses the check imaging and in-house and outsourced core processing solutions provided by Open Solutions as recommended solutions for community banks. This endorsement provides further assurance that our contemporary solutions and service delivery have been thoroughly researched, tested, and approved by bankers to support the industry's dynamic needs.
